Business bill dead as Missouri Senate ends session
Tuesday, October 25, 2011 | 1:11 p.m. CDT;
updated 2:08 p.m. CDT, Tuesday, October 25, 2011
JEFFERSON CITY — Legislation offering new tax incentives for Missouri businesses is officially dead because of a decision by the Missouri Senate to end a special legislative session.
The Senate on Tuesday permanently adjourned the session that began Sept. 6.
The House has not yet quit, but negotiations between the two chambers ended some time ago. And the House can no longer send the business incentive bill to the governor even if it wanted to, because the bill is in the physical custody of the Senate.
The legislation would have scaled back Missouri's existing tax credits. It also offered new incentives for international exports at the St. Louis airport, computer data centers, amateur sports events and other businesses. But lawmakers disagreed on whether to place expiration dates on two development tax credits.
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